Assessee had claimed loss under the head income from house ...

Income Tax

November 6, 2014

Assessee had claimed loss under the head income from house property’ by claiming deduction u/s 24(b) of the Act in respect of interest paid for purchase of house property and further deduction u/s 80C was claimed in respect of repayment of loan - deduction can be allowed to assessee only if property was acquired out of borrowed capital - AT

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Assessee had claimed loss under the head income from house ...

Income Tax

November 6, 2014

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